Search form

Search form

European gamers flocked to retailers to buy Sony's PlayStation 3 gaming console, as the Blu-Ray-equipped console made its continental debut Friday. The PS3 is expected to face tough competition from Nintendo's Wii and Microsoft's Xbox 360, both of which have been on the market longer and cost less.

Related Summaries

Netflix's subscription video-on-demand service is available on hundreds of devices, and its most popular platform is Sony's PlayStation 3 video game platform, according to the company. In 2011, Nielsen Research reported that the most popular platforms for Netflix's streaming service were computers and Nintendo's Wii console.

Nintendo's Wii game console sold almost four times as many units as Sony's PlayStation 3 in Japan during February, according to the publisher of a game magazine. Software made for the Wii took the top spots in the month's best-selling list.

Activision CEO Bobby Kotick predicts that both Sony and Microsoft will have to lower the price tags on their respective PlayStation 3 and Xbox 360 consoles if they wish to reach mass-market appeal. Kotick said he believed that $199 was the price point that both companies needed to reach to compete with Nintendo's popular Wii system.

About 600,000 of Sony's PlayStation 3 consoles were sold in Europe during its launch weekend, marking record-breaking sales. Microsoft sold about 500,000 Xbox 360 consoles in the month after its launch, while Nintendo pushed about 700,000 Wii consoles in its first month of sales.